Going forward fuel excise and fuel guzzler rego fees have to increase to maintain transport infrastructure at a time when EVs are gathering market traction (fuel use declining)
But IMO the biggest hit to ICE owners going forward will be the depreciation of their ICE vehicles . That is happening already in Europe and some Governments have offered up to 3K Euros scrappage bonus where the fuel guzzlers are replaced by fuel misers incl HEVs , PHEVs and BEVs.
Apart from reducing CO2 emissions Governments are interested in reducing their petroleum import bills. For example Aus imports about $48 billion of Petroleum P/A..Woundn't it be nice if that huge sum was used on stuff to benefit the health and wellbeing of all Aussie rather than pumped out the exhausts of ICE vehicles.
I was in a swish electric train at Central today. In my few minutes there, there were 5 other trains..Just imagine if they had been diesel locos? This, in a way, is a microcosm of our city!
